On May 22, the third meeting of the 13th National People’s Congress opened. Premier Li Keqiang delivered the “Report on the Work of the Government” at the meeting, proposing “promote a higher level of opening up, and stabilize the basic market for foreign trade and foreign investment.” and “We must unswervingly expand opening up, stabilize the industrial chain and supply chain and promote reform and development through opening up.” At the same time, he made detailed arrangements in terms of promoting the basic stability of foreign trade, actively using foreign capital, high-quality joint construction of the “The Belt and Road Initiative”, and promoting trade and investment liberalization and facilitation. Among them, “stabilizing the basic market for foreign trade and foreign investment” has become the focus of public opinion.This article points out that under the impact of COVID-19, China’ s foreign trade has been affected to a certain extent. However, the restructuring and adjustment of the global value chain during the epidemic is a rare opportunity. Seizing this opportunity will not only help us promote high-quality use of foreign capital, but also consolidate the industrial foundation for foreign trade development and promote high-quality foreign trade development. In addition, this article puts forward countermeasures to “stabilize the basic market for foreign trade and foreign investment”.
